David Snow examines what America’s Public-Private Investment Program for troubled assets means for private equity real estate.
2 min read · 21 January 2013
Prices are still inflated relative to historic averages, according to economist Martin Wolf who urged investors to view pricing opportunities selectively rather than generally.
1 min read · 21 January 2013
The private equity firm will sell off one of the Australian company's subsidiaries, reported to be its oncology and cardiology diagnostics business, which could fetch up to A$210m. CVC Asia Pacific bought I-Med's parent in an A$2.7bn deal in 2006.
2 min read · 21 January 2013
The two firms invested $25m in the Inner Mongolian hot pot restaurant chain in June 2006. The company was listed on the Hong Kong stock exchange in June 2008.
2 min read · 21 January 2013
Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 21 January 2013
The creditors of the beleaguered Australian infrastructure specialist have formed a committee to assist the firm’s administrators.
1 min read · 21 January 2013
The Oslo-based firm wants to capitalise on secondary mispricing of real estate debt and equity in Norway, Sweden, Finland and Denmark.
1 min read · 21 January 2013
Washington D.C. based Carlyle Group promotes three people to managing director level within its Asia real estate team, but says the promotions are not part of a strategy to increase the pace of its investment programme on the continent.
2 min read · 21 January 2013
The London-based, pan-Europe fund manager has exited from all nine private Irish property syndicate funds it inherited as a result of the 2006 acquisition by its majority owner Savills of property services firm Hamilton Osbourne King. Cordea Savills is concentrating on its institutional clients and segregated accounts as it streamlines the business.
2 min read · 21 January 2013
The $26bn Maryland State Retirement Agency has been cleared to unwind its direct real estate investments – on the basis that the pension is not ‘big enough’ to pursue such a strategy – and will instead focus on funds and REITs.
2 min read · 21 January 2013
